Journey to Wealth
Kenanga Today - 15 Oct 2012
NEWS HIGHLIGHTS
l Fernandes: Aborted Batavia Air deal not a setback, AirAsia will forge ahead in Indonesia
l UMW unit divests stake in Multicoat
l MPHB to use proceeds to repay borrowings
l TH Plantations sued for alleged RM394.8m worth of damages
l Masteel declares interim dividend of 1 sen/share
l Dec CPO futures plunge 5% on profit taking, after export tax cuts
l MASwings eyes 1.5m passengers
l Asia Media share price drop'temporary', says CEO
FOREIGN NEWS HIGHLIGHTS
l Deutsche Telekom aims to close MetroPCS deal in second quarter of 2013
l Providence said to sell 10.0% Hulu stake for USD200.0m
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Singapore Economy Contracts 1.5% But Avoids Recession.
l China's Economy Shows Signs Of Stabilizing As Exports Strengthen
l Controlling Inflation Top Priority For China
l India's Industrial Output Growth Rises In August, Still Weak.
USA
l Consumer Sentiment Rises Unexpectedly To 5-Year High.
l Producer Prices Lifted By Energy, But Inflation Muted
l Bernanke Defends Federal Reserve Stimulus Measures
Europe
l IMF's Christine Lagarde Backs More Time For Greece
l UK Construction Sector Contracts Again In August
Commodities
l Brent Falls$1/Bbl, Spread To U.S. Crude Narrows
Currencies
l Dollar Edges Down; Euro Gains On Spain Speculation.
l Gold Falls, US Data Feeds Worry Fed Could Curb Stimulus
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
